Distribution Solutions Group Acquires Germany-Based Instrumex - Modern Distribution Management

Distribution Solutions Group Acquires Germany-Based Instrumex

Munich, Germany-based Instrumex is a distributor of test and measurement equipment.
Lawson changes to DSG

Chicago-based industrial distributor Distribution Solutions Group (DSG) announced Dec. 7 that its operating company, TestEquity, has acquired Instrumex, a distributor of test and measurement equipment in Munich, Germany. Financial terms of the transaction were not disclosed, though a news release stated that the acquisition is being funded through DSG’s existing credit facility.

“This strategic acquisition expands our capabilities in the Continental European market and is expected to be accretive to earnings of TestEquity and our parent company, DSG,” TestEquity CEO Russ Frazee said.

“Joining TestEquity is an exciting next step for Instrumex, greatly expanding our resources and capabilities, while helping TestEquity grow its footprint and level of service in Europe,” Instrumex Managing Director Jill Nielsen said.

Distribution Solutions Group, formerly known as Lawson Products, ranked as the No. 10 fastener distributor, No. 16 MRO industrial distributor and No. 34 industrial distributor on MDM’s 2022 Top Distributors list.

Want to be a master of M&A? MDM’s 2023 M&A Virtual Summit, held Feb. 21-22, will deliver everything you need to know. Get the details and register here.

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!